Exceptional investment opportunity in the heart of Sharptown, Maryland! 600 Main Street is a fully renovated triplex offering three income-producing residential units and a rare combination of modern updates, strong rental appeal, and future development potential. Noted zoned mixed use - potential for conversion of commercial space. Extensively improved throughout, the property features three updated apartments consisting of two spacious 2-bedroom, 1-bath units and one oversized 1-bedroom, 1-bath unit. Each apartment has been thoughtfully renovated with updated flooring, fresh paint, granite countertops, stainless steel appliances, upgraded fixtures, and modern finishes designed to attract and retain quality tenants. The building has undergone significant exterior improvements, including a newer roof, updated windows and doors, a recently power-washed exterior, and an expanded stone parking area with security lighting. Major system upgrades include plumbing, electrical, drywall, and interior improvements throughout the property, providing investors with a truly turnkey asset. The upper-level apartment offers a spacious floor plan with a large living room, generous bedrooms, and abundant natural light. The additional two-bedroom unit features a private deck, updated kitchen, and comfortable living space. The third apartment includes approximately 1,200 square feet of living area with a large kitchen featuring granite countertops and stainless-steel appliances, expansive living areas, and ample storage. A significant bonus is the additional lot included with the property. The extra parcel offers future possibilities for a garage, workshop, additional storage, or potential future development opportunities, subject to local approvals. The grounds have been professionally cleared and landscaped for easy maintenance while providing ample parking for tenants and guests. Located near the scenic Nanticoke River, Sharptown continues to attract residents seeking small-town charm with convenient access to Salisbury, Seaford, Delmar, Cambridge, and Easton. With limited multifamily inventory available in the area, this property presents a rare opportunity to acquire a fully renovated, income-producing asset with a strong Gross Rent Multiplier (GRM), excellent rental history, and long-term upside potential. Whether you're looking to expand your investment portfolio or acquire a turnkey multifamily property with additional land and future opportunities, 600 Main Street delivers immediate income, quality renovations, and exceptional value. Owner is a licensed real estate agent.

    Source: BRIGHT MLS, MLS#: MDWC2023508

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    • Property Type
      Residential

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    • Median Age
      37
    • Population Density
      221
    • College Educated
      25%
    • Estimated Median Income
      $70,625
    • Estimated Total Home Owners
      202
    • Estimated Total Renters
      47
    • Owner / Renter Divide
      81% / 19%
    • Estimated Average Household Size
      3
    • Total Population
      687
    • Community data courtesy of LiveBy, Inc.

    Owning this Home

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    $ %
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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    Life at 600 MAIN STREET


    Schools


    School data courtesy of LiveBy, Inc.
    Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.
    Listing provided courtesy of Benson & Mangold, LLC- MLS# MDWC2023508MLS ProviderContact Information: [email protected] - 4108226665

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